Deloitte to Start $35 Million Uptown Dallas Office Buildout

Deloitte is set to begin building out its Uptown office, which is estimated to cost $312 per square foot.

The firm’s relocation to 112,000 square feet at Granite Properties’ 23Springs development in Uptown marks a major shift for the firm after decades downtown, the Dallas Morning News reported.

Construction on the $35 million buildout is expected to begin in June with a projected completion in February 2026, according to state filings. Gensler will lead the design.

Deloitte will occupy four-and-a-half floors in the 26-story building at the corner of Maple Avenue and Cedar Springs Road. The 625,000-square-foot building topped out in October and is slated for full delivery by this summer. It is 62 percent leased, Granite’s Paul Bennett told the outlet.

Deloitte is exiting Fortis Property Group’s Dallas Arts Tower at 2200 Ross Avenue, formerly known as Chase Tower, where it had been a major tenant for more than 30 years. In 2009, the city of Dallas incentivized Deloitte to consolidate its North Texas workforce downtown to support urban density.

Office vacancy has surged in downtown Dallas amid rising sublease availability and corporate relocations.

The shift to 23Springs underscores Uptown’s increasing appeal among professional services firms. They have largely gravitated toward newer, amenity-rich properties with proximity to walkable dining and residential options. The 23Springs tower is being developed alongside a landscaped park and a freestanding restaurant, Elephante, expected to open this fall.

The accounting and consulting giant is expected to be an anchor tenant at 23Springs, joining other undisclosed tenants as the tower approaches delivery.

Uptown’s popularity with financial institutions is making it the center of gravity for the emerging Y’all Street.

Bank of America is exiting 500,000 square feet in its namesake downtown Dallas tower, at 901 Main Street, after almost 40 years. It will go to Parkside Uptown, the 500,000-square-foot, 30-story tower at 1919 Woodall Rogers developed by KDC and Pacific Elm Properties. Goldman Sachs is still working on its $500 million regional campus near Dallas’ Victory Park neighborhood, a development led by Hunt Realty and Hillwood.

— Judah Duke